The rent prices in real estate in Berkeley Heights, in the New Jersey region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Berkeley Heights has risen strongly during the last 6 months. In March, the average price per sq.feet was $6. In April this price barely changed remaining at $6 per sq.feet. The price for the following two months in (May, June) had a considerable rise of 842 %. The price per sq.feet has had a considerable rise of 172 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $28.25 to $48.57 during July, and August.
When referring to the price in Berkeley Heights (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $2,157. In April This price remains at $2,157. During the following two months (May, June) the average price had a considerable rise of 123 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $2,402.5 to $2,257.5 in July and August.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 2 % more affordable than the average price of $1,997 in Berkeley Heights. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 2 % more affordable than the average aforementioned.
According to average price per property type in Berkeley Heights, "" priced at $1,997 is 2 % lower than the average price ($2,038) in this city.